Rihanna's beauty-and-fashion empire is facing a sharp reckoning after UK filings revealed a multi-million-pound hit to her luxury ventures.
Newly filed accounts for Denim UK Holdings, the British vehicle linked to Rihanna's Fenty fashion partnership with LVMH, show investments that disappeared from the balance sheet and a dramatic swing in reserves, signalling an effective loss in the region of £27 million ($36 million).
